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Given the following information: Petty cash balance Postage receipt Business meal receipt $530.00 25.00 54.21 Courier receipt $ 74.22 Office Supplies receipt 95.64 Cash on
Given the following information: Petty cash balance Postage receipt Business meal receipt $530.00 25.00 54.21 Courier receipt $ 74.22 Office Supplies receipt 95.64 Cash on hand at the end of the month 299.71 What is the amount that needs to be recorded for cash over and short? 1) Debit $23.29. 2) Credit $23.29. 3) Debit $18.78. 4) No cash over and short is necessary. 5) Credit $18.78
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